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Feb 20, 2013
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listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer screenings. >> but if the president warns of devastating consequences, the wall street journal. chris stirewalt is our news power play live and stuart varney is anchor on the fox business network, great to see you both. stu, let me start with you, because we talked with chris a little about this yesterday. i'm interested in your take because the journal points out that this is a small percentage overall in spending and they say if you look at the history of spending in this country, after world war ii, they say federal spending went from 42% of the gross domest
listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer...
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Feb 22, 2013
02/13
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what you could spend millions on to benefit the chinese economy. economy. [ male announcer ] pearls. hairbands. and now hot pink toes. seems tough for a tough dog like duke. but when it has anything to do with gwen, he's putty in her hands. for a love this strong, duke's family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep his body as strong as a love that can endure anything... even every fashion trend. iams. keep love strong. from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wal
what you could spend millions on to benefit the chinese economy. economy. [ male announcer ] pearls. hairbands. and now hot pink toes. seems tough for a tough dog like duke. but when it has anything to do with gwen, he's putty in her hands. for a love this strong, duke's family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep his body as strong as a love that can endure anything... even every fashion trend. iams. keep love strong. from...
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Feb 20, 2013
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in terms of the gross domestic product of our economy this is .03 of -- this is a third of 1%. on the domestic side, 2.5 cents on the dollar. this is a penny-and-a-half on the dollar of reduction. a debt of $16 trillion and the argument today is if we cut a penny-and-a-half on nondefense spending in a year it's the end of the world. if so, we are hopelessly in debt or we will end up -- >> bret: i want to continue the conversation, call a audible to talk about the sequestions ration. and why it's not happening on both sides. the panel continues after the break. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >> bret: we are back to continue talking about the sequester. overall the sequester is $85 billion this year. we talk about $3.6 trillion budg
in terms of the gross domestic product of our economy this is .03 of -- this is a third of 1%. on the domestic side, 2.5 cents on the dollar. this is a penny-and-a-half on the dollar of reduction. a debt of $16 trillion and the argument today is if we cut a penny-and-a-half on nondefense spending in a year it's the end of the world. if so, we are hopelessly in debt or we will end up -- >> bret: i want to continue the conversation, call a audible to talk about the sequestions ration. and...
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Feb 16, 2013
02/13
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economy. small businesses recent survey suggests they are still struggling and delayed economic recovery is bringing pessimism among business owners and beyond. jerry is president of capital management and fox news contributor. thanks for joining us today. among the surveys there is one, expectations for small businesses is fourth lowest reading in 40 years. why do they continue to struggle? >> just remember we use the word business, it's people. people are making decisions on their wallets and how business is going. right now we have, i call a vicious cycle of stupidity where they are raising taxes on the business owner. they are raising on the consumer that spends on the business and you have a business owner that says things are not so good. i'm not going to hire as quickly and end up in a situation like this. >> heather: speaking of hiring we were just discussing this, the president has been on his road trip talking about his economic policies. things that he wants to move forward. one of
economy. small businesses recent survey suggests they are still struggling and delayed economic recovery is bringing pessimism among business owners and beyond. jerry is president of capital management and fox news contributor. thanks for joining us today. among the surveys there is one, expectations for small businesses is fourth lowest reading in 40 years. why do they continue to struggle? >> just remember we use the word business, it's people. people are making decisions on their...
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Feb 24, 2013
02/13
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that is money out of the economy as well. if we are not careful a tax increase on one end could be a problem and severe cuts could be a problem. one of the biggest problems in this city too many times they kick the can it doesn't matter which party down the block if you will and don't really solve the problem. our hope is between now and march 1 they will find a way to provide better alternatives to the cuts and the sequester. >> you wouldn't is support the tax hikes and spending cuts. >> when the president proposed a sequester he said the cuts are so bad that the congress and administration will come back and provide a better alternative of cuts and not new tabs. they already had the tax increases. that came at the last year when we temporarily avoided the fiscal cliff. the challenge how to is to find better long-term ways to solve the fiscal problems facing this country right here in washington. >> chris: you you have a smaller impact of the sequester if delaware. how concerned are you about it? >> we are concerned particul
that is money out of the economy as well. if we are not careful a tax increase on one end could be a problem and severe cuts could be a problem. one of the biggest problems in this city too many times they kick the can it doesn't matter which party down the block if you will and don't really solve the problem. our hope is between now and march 1 they will find a way to provide better alternatives to the cuts and the sequester. >> you wouldn't is support the tax hikes and spending cuts....
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Feb 24, 2013
02/13
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it is it 110 billion out of the entire economy . retailers who rely on the dollars. >> it was not quite a surprise. >> this is it a surprise to regular people. >> it shouldn't have been. we talked about this. >> it is it talked about how you and everybody. average people including rich people are getting a pay roll tax increase.don't ask me why. this is it bad. you can talk about the stock market. i think that is it a technical factor and why put your monep in bonds when you can put your money in stockings. what is happening is that retailers are saying that consumption is going to slow down. >> the economy will slow down and that is it a huge part of the gdp. >> jerry, the president said we need more taxings to deal with sequestration. >> why do we need more taxes right now . we have an economy with unemployment and enduring new obama taxes and last thing they need is it highir taxes and ticking along and fourth quarter is negative . higher taxes will make it worse and not better. >> it is it duplic ituous. it is taking all the tax
it is it 110 billion out of the entire economy . retailers who rely on the dollars. >> it was not quite a surprise. >> this is it a surprise to regular people. >> it shouldn't have been. we talked about this. >> it is it talked about how you and everybody. average people including rich people are getting a pay roll tax increase.don't ask me why. this is it bad. you can talk about the stock market. i think that is it a technical factor and why put your monep in bonds when...
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Feb 17, 2013
02/13
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how do we grow our economy? this washington game is all about their power and position and why the congress has 11 percent rating together. >> gentleman, all love to talk to you about what is going on in our country. can you get more from the political insiders every monday at 10:30 a.m. eastern and they will be back here next sunday, you can also follow them on twitter at "insiders." >>heather: a consume group is pushing the f.d.a. to put the squeeze on how much sugar goes into your favorite soft drink but is government regulation the answer? hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. sharble data plus unli
how do we grow our economy? this washington game is all about their power and position and why the congress has 11 percent rating together. >> gentleman, all love to talk to you about what is going on in our country. can you get more from the political insiders every monday at 10:30 a.m. eastern and they will be back here next sunday, you can also follow them on twitter at "insiders." >>heather: a consume group is pushing the f.d.a. to put the squeeze on how much sugar...
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Feb 22, 2013
02/13
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what you could spend millions on to benefit the chinese economy. you're not going to like this one minutes away. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your walle told you i'd get half. today is gonna be an important day for us. you ready? we
what you could spend millions on to benefit the chinese economy. you're not going to like this one minutes away. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. from capital one... boris earns unlimited rewards for his small business. can i get the...
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Feb 19, 2013
02/13
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coming up a florida college professor may learn how bad the economy really is after forcing the students to promise to vote for obama. plus mindy mccready's ex tells how her tragic death could have been avoided. after 1945 u.s. marines invade. >> welcome back to fox and friends first. it is now half past the hour a fox news abelert to bring you ts morning. live video of oscar piss tor pi ry. >> this is what i can tell you looking grim and solemn the judge charging oscar with a pre-meditated murder of his model girlfriend on valentine's day. he sobd uncontrollably in the courtroom as they describe yhow he killed reeva steenkamp. he attached his pros threatic leg before killing steenkamp. she was struck three times in the bathroom. this is video of reeva steenkamp's parents carrying her casket out. it was an emotional and private ceremony today. steenkamp's brother says his family will be remembering his sister for all of the goodness he stood for. >> there is a which ae are goin post the things we remember about my sister and try to continue with the things she tried to make better. >> tw
coming up a florida college professor may learn how bad the economy really is after forcing the students to promise to vote for obama. plus mindy mccready's ex tells how her tragic death could have been avoided. after 1945 u.s. marines invade. >> welcome back to fox and friends first. it is now half past the hour a fox news abelert to bring you ts morning. live video of oscar piss tor pi ry. >> this is what i can tell you looking grim and solemn the judge charging oscar with a...
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Feb 16, 2013
02/13
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>> are we really building our economy on sensitivity counseling? we wonder why we hav>>e a broke government. i'm surprised theyno didn't hire bob to do the training. just kidding. >> great. >> am i missing something? it sounded like totalitarian brainwashing. it was very, very creepy and i think it probably scared the people. you walk around thehi office, you're scared to say something. it was very cultish. but also, am i missing something here? why are they talking about immigration at the usda? u weren't there like corn prices they need to talk about, maybe something like that? >> that's right. this is way out of their area of expertise. but i will say this again, that the english, europeans came over and threw the indians off their land, threw them on reservations. exterminated them.ns >> ex termed? >> -- exterminated? >> farm and migrant labor is something they deal with. >> let me get this straight, bob,hi america's founding fathe, they came over here, coolonnized america, made it thee, great lad that we are told. you're saying they exterminat
>> are we really building our economy on sensitivity counseling? we wonder why we hav>>e a broke government. i'm surprised theyno didn't hire bob to do the training. just kidding. >> great. >> am i missing something? it sounded like totalitarian brainwashing. it was very, very creepy and i think it probably scared the people. you walk around thehi office, you're scared to say something. it was very cultish. but also, am i missing something here? why are they talking...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was obama and neighbors went to the democratic leader and harry reid and said this is the solution. >> sean: there you have it the plan that the president is calling not smart, not fair, was actually his solution to quote, saving the economy. again, that's not what we heard today at the white house, what we heard was our commander campaigner in chief reverting back into election mode and blaming republicans and using pathetic scare tactics to smear the opposition. sound familiar? you've heard the fear mongering, what i'm about to play is only desc
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was...
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Feb 16, 2013
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>> andrea: are we building our economy sensitivity? i'm surprised they didn't hire bob to do the training. just kidding. am i missing something? it sounded like toe tailtarian brainwashing. creepy. it probably scared people. walk around the office and scared to say something. am i missing something here? why are they talking abimmigration at the u sda? aren't there corn prices they need to talk about? maybe something like that? >> bob: right. this is out of their area of expertise. >> but they came in and threw the indians off their land, exterminateed them. >> exterminateed them? >> dana: farm and migrant lentor something they deal with. >> so america's founding fathers that came over here, colonized america, made it the great land it is our today, you say they exterminateed -- >> bob: jesse, you must have been educated -- >> you don't believe that. >> bob: the founding fathers came here 100 years after the approximately grimpilgrims came. >> the colonist, bob. >> bob: what do you think they did with the indians that occupied the land
>> andrea: are we building our economy sensitivity? i'm surprised they didn't hire bob to do the training. just kidding. am i missing something? it sounded like toe tailtarian brainwashing. creepy. it probably scared people. walk around the office and scared to say something. am i missing something here? why are they talking abimmigration at the u sda? aren't there corn prices they need to talk about? maybe something like that? >> bob: right. this is out of their area of expertise....
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Feb 23, 2013
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economy ep billion a year . we are already bleeding. >> doesn't the united states walk a fine line given the fact that we borrowed money from chin a. >> that really doesn't give them leverage balse . way the gloible markets work. the chinese since 2008 talked about the nuclear that is selling treasury obligation but they don't do it because it doesn't work. >> this is it a matter of the really first importance for the united states. >> it is a serious issue. gordon chang thank you for your insight. >> thank you, uma. nasa mars drover pulled out a drill and goes to work on the red planetas rock . bringing 3 d technology to a 4,000 mummy. fascinating look when america's news headquarters continues. don't miss this, folkings. stay with us. . for investors like you? tdd#: 1-800-345-2550 schwab bank was built with all e value and convenience tdd#: 1-800-345-2550 investors want. tdd#: 1-800-345-2550 like no atm fees, worldwide. tdd#: 1-800-345-2550 and no nuisance fees. tdd#: 1-800-345-2550 plus deposit ches with mobi
economy ep billion a year . we are already bleeding. >> doesn't the united states walk a fine line given the fact that we borrowed money from chin a. >> that really doesn't give them leverage balse . way the gloible markets work. the chinese since 2008 talked about the nuclear that is selling treasury obligation but they don't do it because it doesn't work. >> this is it a matter of the really first importance for the united states. >> it is a serious issue. gordon chang...
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Feb 18, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ and you'll dump your old mop. but don't worry, he'll find someone else. ♪ who's that lady? ♪ who's that lady? ♪ sexy lady ♪ who's that lady? [ female announcer ] used mops can grow bacteria. swiffer wetjet starts with a clean p every time, and its antibacterial cleaner kills bacteria mops can spread around. swiffer gives cleaning a whole new meaning. ♪ lovely lady >> in 2009 in the gingof hotdogs first term in office the president toured the middle east in europe apologizing for the actions of the administration and america's policies toward tha arab world. >> at times america has showed arrogance and been dismissive. >> the united states starts by
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ and you'll dump your old mop. but don't worry, he'll find someone else. ♪ who's that lady? ♪...
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Feb 17, 2013
02/13
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that's so extreme and so militant that there is not any room in it for the private development of the economy and jobs. i think the original founders of the sierra club would be appalled. >> paul: james. >> big miss to the olympic committee, this is the year not the millennium. dropping wrestling from the olympic, man's oldest sport and keeping badminton, ping-pong, synchronized swimming. synchroniz synchronized swimming's main contribution for a "saturday night live" kit. >> mary. >> a hit to florida senator marco rubio who turned his sweaty, walk ward swig of water during the state of the union response so-called gulp-gate into a political asset making fun of himself and posted a photo of a water bottle on twitter gained thousands of followers, in the instant politics and a little humor can go a long way. >> paul: see if it helps him along the way. if you have your hit or miss send it to us at jer@foxnews.com and twitter@jer on fnc. i'm paul gigot, we hope to seey. >> jon: a week full of news, north korea tests a nuclear bomb. pope benedict called it quits, a historic move. president obama
that's so extreme and so militant that there is not any room in it for the private development of the economy and jobs. i think the original founders of the sierra club would be appalled. >> paul: james. >> big miss to the olympic committee, this is the year not the millennium. dropping wrestling from the olympic, man's oldest sport and keeping badminton, ping-pong, synchronized swimming. synchroniz synchronized swimming's main contribution for a "saturday night live" kit....
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Feb 20, 2013
02/13
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while the markets are climbing the economy not so much. why in the world is that? charles payne brings the pain and the explanation. martha: have you seen this morning? senator john mccain got some pretty tough questions in his home state. >> why bring a 30 million -- >> they're here. >> cut off their welfare and all their stuff and they will go back. >> [inaudible]. [applause] tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for, like a hidden fee in your giant mom bag? maybe i have them... oh that's right i don't because i rolled my account over to e-trade where... woah. okay... they don't have hidden fees... hey fern. the junkrawer? why would they... is that my gerbil? you said he moved to a tiny farm. that's it, i'm running away. no, no you can't come! [ male announcer ] e-trade. less for us. more for you. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you.
while the markets are climbing the economy not so much. why in the world is that? charles payne brings the pain and the explanation. martha: have you seen this morning? senator john mccain got some pretty tough questions in his home state. >> why bring a 30 million -- >> they're here. >> cut off their welfare and all their stuff and they will go back. >> [inaudible]. [applause] tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for,...
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Feb 16, 2013
02/13
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we had the economy crash. of course you had more people unemployed. >> i thought there was an obama recovery going on. hang on a second. let me get to john. >> 2008 was a good year until halfway through, everything went to hell. you know that. >> jonathan, go ahead. >> julie said she might need a phone, you might have to buy it yourself. >> i can afford one. >> julie, please, please. let jonathan speak. >> then you should buy it or an old person should buy it. there is no such thing as a right to a phone of the the fact that our military action the constitutional parts of our government who are there to serve russ scrambling around for medical care is an abomination. every one of these entitlement programs, whether it's tarp, we talked about that for years, or food stamps, are chalk full of fraud. but the fraught sinned just giving out free phones, it's in taxing 30, 40 bucks a year to pay for those free phones. it's an unbelievable assault on individual rights. i'm sorry, there is no such thing as a right to
we had the economy crash. of course you had more people unemployed. >> i thought there was an obama recovery going on. hang on a second. let me get to john. >> 2008 was a good year until halfway through, everything went to hell. you know that. >> jonathan, go ahead. >> julie said she might need a phone, you might have to buy it yourself. >> i can afford one. >> julie, please, please. let jonathan speak. >> then you should buy it or an old person should...
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Feb 17, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >> live from america's news headquarterings, i am harris faulkner. the faa in florped is looking into why a small plane. norad reported that the sessnaflew in the temporary restricted space in palm city. f-16s escorted it to a nearby airport. south africa stunned over the rest of the a national hero. prosecutors think it premedicated. oscar pistorius is held pending a bail hearing. they deny charges that he shot reeva stine stein at his home on valentine's day. in three seconds we'll get you back to huckabee. >> last week we showed you how vice-president joe biden promoted gun control in his trip to france. this week he is back and on monday in philadelphia h
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >> live from america's news headquarterings, i am harris faulkner. the faa in florped is...
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Feb 19, 2013
02/13
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to reduce the deficits without harming our economy. but congress has to act. >> republican leaders say they haven't been contacted by the president since the inaugural. >> the republicans had plans to avoid sequester and at the time the president responded threatening a veto. >> some in congress trying to undo the automatic spending cuts. my message is simple. no. i will veto any effort to get rid of the automatic spending cuts, domestic spending. >> spokesman jay carney said the problem is the republicans wanted a plan that would not balance with spending cut an tax increases. >> we do not support undoing the sequester in a way that says you know what? we will throw double the number of kids out of head start and make tunnel the cuts to education. >> speaspeaker john boehner fird back saying last month the president got the higher taxes on the wealthy and is back for more. the american people understand revenue debate is closed. close the loophole and carve out attack code but it should be used to lower rate across the board. enter th
to reduce the deficits without harming our economy. but congress has to act. >> republican leaders say they haven't been contacted by the president since the inaugural. >> the republicans had plans to avoid sequester and at the time the president responded threatening a veto. >> some in congress trying to undo the automatic spending cuts. my message is simple. no. i will veto any effort to get rid of the automatic spending cuts, domestic spending. >> spokesman jay carney...
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Feb 16, 2013
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira.
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira.
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Feb 16, 2013
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aides say the president want to do talk about the economy, but he could not go to his hometown and not talk about guns, ed. >> that's right. that's why he wove it into his entire speech. it was supposed to be a speech about the building the middle class, following on that state of the union speech earlier in the week. but the parents of the 15-year-old girl who just a few weeks ago was at the president's inaugural parade, then gunned down here in the streets of chicago, gang related violence, her parents were here and what the president tried to do was to say this is not just about gun control. it's about a lot more. take a listen. >> as the son of a single mom who gave everything she had to raise me with the help of my grandparents, i turned out okay. but at the same time, i wish i had had a father who was around and involved. loving, supportive parents. and by the way, that's all kinds of parents. that includes foster parents and that includes grandparents and extended families, includes gay or straight parents. >> after wrapping up the speech, the president is headed to palm city, f
aides say the president want to do talk about the economy, but he could not go to his hometown and not talk about guns, ed. >> that's right. that's why he wove it into his entire speech. it was supposed to be a speech about the building the middle class, following on that state of the union speech earlier in the week. but the parents of the 15-year-old girl who just a few weeks ago was at the president's inaugural parade, then gunned down here in the streets of chicago, gang related...
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Feb 19, 2013
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without him on the scene, the cuban economy could be in trouble. >> shep: the sky may not be falling but pieces of it have been raining down all over the planet the latest the meteor that shot through the skies over florida. >> i saw a red fireball with a green tail for seven or eight seconds and dissipate in the atmosphere. >> shep: another meteor blasted through the skies around san francisco. the asteroid that came close to the earth, had it hit a city it could have killed a millions of people and a meteor exploded over russia that unleashed a blasted more than 30 times stronger than hiroshima bomb. folks exploring a lake said they found fragments. meteor although police are warning would be buyers should watch for fraud. nasa experts say about hundred tons of space debris hit the earth every day but most of the objects are tiny specks. >>> you can take everything you knew about the moon and forget it. scientists have made a stunning discovery. they analyzed monday rocks that the apollo astronauts retrieved and they said the moon had more water than scientists first realized. that
without him on the scene, the cuban economy could be in trouble. >> shep: the sky may not be falling but pieces of it have been raining down all over the planet the latest the meteor that shot through the skies over florida. >> i saw a red fireball with a green tail for seven or eight seconds and dissipate in the atmosphere. >> shep: another meteor blasted through the skies around san francisco. the asteroid that came close to the earth, had it hit a city it could have killed...
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Feb 23, 2013
02/13
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this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >> dana: that is not the problem. republicans take unpopular position to say they would do something on entitlement reform. it's not a popular thing to say we are going to do means testing, wealthier seep yours pay more for social security or medicaid. it's not a popular position. right thing to do. putting things off for another four years to me is irresponsibly. >> bob: do you think he will allow four years to go by and allow the legacy to be total polarization? >> kimberly: he is not worried that is the case. you will get form of gun control. >> kimberly: different perspective. american crossroads ha
this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >>...
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Feb 24, 2013
02/13
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you can't keep giving tax cuts to the wealthy and think that's going to turn around an economy -- >> what we need is real tax reform and that is lowering the -- making the tax a level playing field so everybody has skin in the game. how about a flat tax so everyone is involved and stap redistributing the wealth? hour government can't cut 2% from spending. i think it's outrageous. but the tea party people will be waiting for this tour to come about and these cities across the country. we will be waiting -- >> what are they going to do? >> we wanted less spending and lower government involvement -- [overlapping dialogue] >> jamie: chris? >> i hate to burst your bubble, but if the tea party was such a powerful political force, you would have shown it in the last election, you are losing in state after that -- >> the tea party is well on the case i. let me finish -- [overlapping dialogue] >> jamie: chris? >> the fundamental problem i think facing the tea party is that they don't make mathematical sense. you cannot have a multi-trillion-dollar deficit and debt problem that you can solve -
you can't keep giving tax cuts to the wealthy and think that's going to turn around an economy -- >> what we need is real tax reform and that is lowering the -- making the tax a level playing field so everybody has skin in the game. how about a flat tax so everyone is involved and stap redistributing the wealth? hour government can't cut 2% from spending. i think it's outrageous. but the tea party people will be waiting for this tour to come about and these cities across the country. we...
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Feb 17, 2013
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the economy . that's what we want people to exercise and one of the things that made this a great and unique nation. in the book we talk about how they cross the lines and particularly from the regulatory agenciless and that just handed enormous power to a number agencies . epa and fcc and national labor relations board and the president lost last month to us in the epa case and they lost in the lrb manner . that is what he is not baking off of. i don't see a slow down in the fight for liberty that the states are carrying on for the first four years of the administration as we head in the next four. >> they are stipulative of the regulations . they say he has to step in where congress is in grid lock. we need regulations to make sure we have clean air and safe roadways, so why not? >> that is contrary to why we have a congress and senate and why we have the house. they represent us, too. and as the president tried to say to the speaker, i won, get over it the speaker pointed out. we have a majority
the economy . that's what we want people to exercise and one of the things that made this a great and unique nation. in the book we talk about how they cross the lines and particularly from the regulatory agenciless and that just handed enormous power to a number agencies . epa and fcc and national labor relations board and the president lost last month to us in the epa case and they lost in the lrb manner . that is what he is not baking off of. i don't see a slow down in the fight for liberty...
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Feb 21, 2013
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new developments in the troubling trend for americans and the nation's economy. gas prices shooting up nearly 50 cents in 60 days, taking a huge bite out of americans who are already earning less because of the payroll tax we got hit with the beginning of the year. according to the triple-a, the national average for a gallon of gasoline is now, 3.78. so when your car has a 20 gallon tank it will cost you more than 75 bucks every time you fill up. you don't need me to tell you that because you're experiencing it it and also means you're now paying $10 more per fill up than a month ago. the combination of soaring gas prices and higher taxes are not only threatening the larger economy, but the current administration as well. chris stirewalt our digital editor and host of power play live. and interesting to read your power play on foxnews.com because you talked about how this is the exact position that the republicans, who wound up getting creamed in that 2006 mid term he election, found themselves in when gas prices were soaring under president bush and wow, did the
new developments in the troubling trend for americans and the nation's economy. gas prices shooting up nearly 50 cents in 60 days, taking a huge bite out of americans who are already earning less because of the payroll tax we got hit with the beginning of the year. according to the triple-a, the national average for a gallon of gasoline is now, 3.78. so when your car has a 20 gallon tank it will cost you more than 75 bucks every time you fill up. you don't need me to tell you that because...
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Feb 22, 2013
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the recipe he's got is not going to solve the problems that ails our economy. martha: even steny hoyer talking about entitlement reforms. maybe the groundswell comes from outside the white house. we'll see. thank you so much. always good to have you. bill: there is at least one senator who is serious about the budget deficit, republican hand paul of kentucky, true to his word by doing his part. we'll tell you what he did. it will probably surprise a lot of folks everywhere, not just washington. flavor. [ anouncer ] ihop's new griddle melts... made fresh and hot! hand crafted just for you. it's like a sexy sandwich. [ anouncer ] compare new griddle melts yourself. just $4. it's like a sexy sandwich. it's an epic breakfast sandwich. martha: kentucky senator rand paul putting ace money if is mouth hawk. he is returning 600,000 tkhrafrz his $3.5 million office budget to the u.s. trerb raoefplt he says it'treasury. he says it's not enough but it's the only budget he controls. he scrutinizes spending on travel, paper and ink cartridges, using their part to use the sk
the recipe he's got is not going to solve the problems that ails our economy. martha: even steny hoyer talking about entitlement reforms. maybe the groundswell comes from outside the white house. we'll see. thank you so much. always good to have you. bill: there is at least one senator who is serious about the budget deficit, republican hand paul of kentucky, true to his word by doing his part. we'll tell you what he did. it will probably surprise a lot of folks everywhere, not just washington....
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Feb 21, 2013
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the economy is bad. salaries are stagnant. the culture is apathetic and permissive. all of those things are visible to anyone who's not in a coma. and the media doesn't hold sway over that. graham cameron, victoria, australia. good day, bill. i want you to know that the killing lincoln movie will be shown here. and national geographic channel in the states will replay the movie this coming saturday night and that's it for us tonight. please check out the fox news factor website, which is different from billoreilly.com. now, the past two nights we've asked the question in the talking points memo and asked you, what the biggest problem in america really is. and so if you missed it, it's worth reading these two memos back it back. all right? because this is important and i think you know the discussions that follow are pretty interesting. nobody else, by the way, nobody else, is doing this kind of reporting and analysis. also, we would like you to spout out about the factor, oreilly@foxnews.com anytime, anytime if you wish to opine. word of the day do not be insi insipi
the economy is bad. salaries are stagnant. the culture is apathetic and permissive. all of those things are visible to anyone who's not in a coma. and the media doesn't hold sway over that. graham cameron, victoria, australia. good day, bill. i want you to know that the killing lincoln movie will be shown here. and national geographic channel in the states will replay the movie this coming saturday night and that's it for us tonight. please check out the fox news factor website, which is...
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Feb 22, 2013
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >> greta: 11:00 is almost here, time for last call. can the u.s. crack down on cyber attacks and pay back china at the same time? >> political news here there is talk that the white house may fine china for recent cyber attacks on american companies. fines could total in the millions of dollars. we can use that money to pay back china this, is perfect. >> greta: that is your last call. thank you for being with us tonight. go to gretawire.com and tell us what you think about foreign aid. we'll see you tomorrow night 10:00 p.m. eastern. go to gretawire.com. captioned by closed captioning services, inc. >> bill: the o'reilly factor is on. tonight -- >> there is a face missing inside o
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >> greta: 11:00 is almost here, time for last call. can the u.s. crack down on...
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Feb 16, 2013
02/13
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the economy is an example of that. they haven't waited around for federal solutions and they've already enacted some reforms in some states that people benefited from. >> arthel: marjorie, we all know money talks. but are people perhaps not hearing the part of the argument regarding the need to ban certain types of guns in a much needed effort to get rid of some of the horrific acts like the violence, like sandy hook that took place, aurora theater shooting? i mean, a lot of people -- it's not about money. it's about people at this point. come on. >> yeah. well, i think you're right. i think that what these events do is really raise awareness to the impact. what has unfortunately happening a lot, especially in the media, part of it, is this politicized discussion about, you know, guns versus no guns. arthel, we both went to the university of texas. i'm a texas girl, i used to go duck hunting. >> arthel: i know that people do like to hunt and i don't think anybody has a problem with that. >> that's right. it's a big --
the economy is an example of that. they haven't waited around for federal solutions and they've already enacted some reforms in some states that people benefited from. >> arthel: marjorie, we all know money talks. but are people perhaps not hearing the part of the argument regarding the need to ban certain types of guns in a much needed effort to get rid of some of the horrific acts like the violence, like sandy hook that took place, aurora theater shooting? i mean, a lot of people --...
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Feb 17, 2013
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the desert boom with lush vegetation and trees and marvel to see the nation move from a struggling economy and barely able to equip its soldiers with uniforms and weapons and a center of world class medical care and elicational excellence and free speech and election. with the exception of jordan dictators and mad dogs and malicious mahem surround the country and israel created a true and modern democracy and gave its women the opportunity to vote and lead the radical nations bep hind and sanctioned honor killings and whole steal slaughter of their citizens who dared to peek of of freedom and thought. it is it okay to strap a bomb on a baby and turn it into a human bomb so it kills and maims other people's babies. president is coming to israel as president next i wish he would let me show him around. i brought thousands of people to show them the israel i love and expect. i fear it would be coordinated by the naive politician who think we need tolicature ally israel about expanding neighborhoods and in the land that god deeded to them long before the six day war and obama was born. inted h
the desert boom with lush vegetation and trees and marvel to see the nation move from a struggling economy and barely able to equip its soldiers with uniforms and weapons and a center of world class medical care and elicational excellence and free speech and election. with the exception of jordan dictators and mad dogs and malicious mahem surround the country and israel created a true and modern democracy and gave its women the opportunity to vote and lead the radical nations bep hind and...
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Feb 20, 2013
02/13
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it could happen and have an effect on our economy. >> what they do with that will impact employment in our company and certainly there will come a time where it all catches up. >> president obama bypassed congress with an executive order. hearing from police officers targeted by phillip dorner. they were at the top of corner's hit list. >> when you get a foin call and they tell you that somebody is after your family and within a very short distance of your home and they already killed somebody's daughter it made me sick to my stomach. >> we didn't want the kids to see the anguish and the hurt that we were feeling. >> he was on the board the fired dorner for falsely akiesing another officer of brutality. over ten-days christopher dorner killed 4 people. >> with the nfl combine kicking off man tie te'o hopes he isn't as invisible as his big girlfriend was to him. he says it shouldn't. what i did on the field is what i did on the field. i don't think what i did with the whole situation, i don't understand how it takes away from what i did on the field. that draft begins april 25th. >>> ai
it could happen and have an effect on our economy. >> what they do with that will impact employment in our company and certainly there will come a time where it all catches up. >> president obama bypassed congress with an executive order. hearing from police officers targeted by phillip dorner. they were at the top of corner's hit list. >> when you get a foin call and they tell you that somebody is after your family and within a very short distance of your home and they...
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Feb 19, 2013
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something else harming economy, cyber attacks. security, perts point the finger at china. we look at the evidence and talk with someone who spent years with the agency. ted cruz is getting attention. the freshman republican is accused of mccarthyism of the interrogation of chuck hagel. is this the early stages of cruz derangen't syndrome? we look at the fine print of deal to send pred over the drones to the uae. it starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ >> kimberly: you won't believe at columbia university yesterday. students showed up for quantum mechanics class. but instead they got a trip show. it wasn't pretty. if .the physics professor took t off. >> to learn quantum mechanics. strip to your raw, erase all garbage from your brain and start over again. >> kimberly: well, he later curled in a fetal position while footage of hitler, saddam hussein and others were on the screen behind him. the bizarre stunt included ninjas and stuffed animals of course. it was executive produced by greg gutfeld. >> dana: sounds a weird thin
something else harming economy, cyber attacks. security, perts point the finger at china. we look at the evidence and talk with someone who spent years with the agency. ted cruz is getting attention. the freshman republican is accused of mccarthyism of the interrogation of chuck hagel. is this the early stages of cruz derangen't syndrome? we look at the fine print of deal to send pred over the drones to the uae. it starts at 6:00 eastern. now back to new york and my colleagues with "the...
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Feb 17, 2013
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a growing economy that creates bun middle class. one middle class parent can't afford $200 a week. >> and grow opportunities in the middle class for all willing to climb them. this kind of prosperity, broad, shared, built on a thriving middle class. >> when we talk about the middle class, we're actually talking about the definition seems to be unclear recently. middle incomes for people, mississippi coming in at $39,000 or 39,078 the lowest. >> tucker: there's vast economic diversity, a $28 spread between the two. the country didn't look the same the at the all. let's look at the states where we're from. >> clayton: in pennsylvania, my home state. it varies on state. you can't make a blanket middle statement. in pennsylvania middle class an income of $50,000 a year. >> in north carolina, my home state tar, 44,787. >> tucker: in california where i grew up, 56,074. this will change if that falls apart. in rick's home state where everyone is moving from california it arizona, going up. 48,319 bucks. and people don't make that exact fig
a growing economy that creates bun middle class. one middle class parent can't afford $200 a week. >> and grow opportunities in the middle class for all willing to climb them. this kind of prosperity, broad, shared, built on a thriving middle class. >> when we talk about the middle class, we're actually talking about the definition seems to be unclear recently. middle incomes for people, mississippi coming in at $39,000 or 39,078 the lowest. >> tucker: there's vast economic...
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Feb 21, 2013
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lotteries are part of the state economies and people are doing everything online now. heck, you do it in the middle of the show or on commercial break. i think it hurts businesses and it may hurt casinos if atlantic city and new jersey. people should be able to do whatever they want in their own home. the worry i have is people will start doing this and they will get in big trouble because it may be easier in their home and the states rely on the revenue to keep spending. that is not the way to do it. new york is relying on people to light up and smoke because of the cigarette taxes. not the best way to go about it. >> bob: dana, you are at the track every day betting. >> dana: i am a big gambler. i don't know how you hide it online for the states. there are no boundaries on the state. i'm sure they figure that out. in some ways the legislators need to be for what is going to happen. online gambling is here to stay, so they might as well hop aboard a train. >> greg: i gamble with my day. in the old days you went to vegas, saw show, saw glamour and hired something now.
lotteries are part of the state economies and people are doing everything online now. heck, you do it in the middle of the show or on commercial break. i think it hurts businesses and it may hurt casinos if atlantic city and new jersey. people should be able to do whatever they want in their own home. the worry i have is people will start doing this and they will get in big trouble because it may be easier in their home and the states rely on the revenue to keep spending. that is not the way to...
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Feb 19, 2013
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>. >> bill: bernie segment there was shootout between david gregory and senator john mccain. subject the libyan chaos. >> we have had a massive cover-up. >> susan rice said.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often...
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Feb 21, 2013
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. >> eight days from now, a tremor will hit the american economies by impacting the people who work in the food safety area of usda. >> terrible consequences to public halve. >> the country less safe and the communities less safe as a result of sequester. >> the air air traffic controllers. >> 750,000 americans will not have jobs. >> now, you would think they way they're talking, the sequestration next week, we're all eating con tam it inned meat next week. i say these cuts go through we'll all be eating mr. ed here. >> what kind of a name is ed for a hours. >> what kind of name is wilbur for man. >> that's -- >> what a bunch of horse you know what. leaving aside all the other cuts, the agriculture department could pursue, if it really has to due really think the first thing they'll butcher is policing the butcher andry'll stop giving hundreds of towns of memory ill patients their mets and letting them go on the streets? we told you many times the 85 cuts hair talking about in the seem of thing ises chump change. $16 trillion debt. and as to all of is here, we risk cutting ourway way t
. >> eight days from now, a tremor will hit the american economies by impacting the people who work in the food safety area of usda. >> terrible consequences to public halve. >> the country less safe and the communities less safe as a result of sequester. >> the air air traffic controllers. >> 750,000 americans will not have jobs. >> now, you would think they way they're talking, the sequestration next week, we're all eating con tam it inned meat next week. i...
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Feb 24, 2013
02/13
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the fuel economy standards coming out 2017 through '24, '25. sounds great, 54.5 miles per gallon in all of the automobiles. we believe efficiency is good. what does that really mean? do you think when you walk in a car dealer in a few years and you are able to buy perhapses a $20,000 to $22,000 vehicle for about $26,000 or are $27,000. you are going be shocked when you find out in that car are it going to be a lot smaller. and you are going to be forced to use premium gasoline which today is selling for are 30, 35, 40 cents higher than regular. yowhen you look at the cost benefit analysis you are not going to get 54.5 miles per gallon because the only way the corporate fleet will get that is if the cars that the manufacturers keep pushing out i.e. the electric vehicles are suddenly embraced by the american driving public. and that is not happening. >> shannon: we have seen that already with hybrids and all kinds of other things that are on the market and not always as promised but you give austan lot of thought for questions that we should all
the fuel economy standards coming out 2017 through '24, '25. sounds great, 54.5 miles per gallon in all of the automobiles. we believe efficiency is good. what does that really mean? do you think when you walk in a car dealer in a few years and you are able to buy perhapses a $20,000 to $22,000 vehicle for about $26,000 or are $27,000. you are going be shocked when you find out in that car are it going to be a lot smaller. and you are going to be forced to use premium gasoline which today is...
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Feb 19, 2013
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they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it a good time for us to be cutting back then on our military spending to try and fight off things like this? >> well, no. it's not. and it's another reason why it would be best if all parties, all political parties and all political figures were in town actually gotting the job of putting this economy back together done. i mean, glad everyone is taking breaks and on vacation, but i mean, we got a real problem on our hands. we have several crises about to hit this country all at one time. we have things like the tuition debt bomb with all these kids with student l
they could bring the economy to its knees. >> exactly. it's pretty funny that the president, time and again, has said, well, we don't fear china's peaceful rise. i mean, china, of course is going to appear -- it's just looking out for china's best interest. when you're as rich as china is today, there is a lot of things you can do beyond just buying real estate in the big apple. >> gretchen: the question that is begged to be asked f china is doing this through their military, is it...
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Feb 17, 2013
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immigrants in this country, could we have the first mechanism to collect and how helpful would it be to the economy? >> these discussions that you are going to see in congress start debating details here. if you look from the perspective of republicans in the house, we talk about this bipartisan gang of eight in the senate and there has been progress made there, if you want to do something you have to get it by the house. it's tremendously difficult because there is serious electoral considerations for house republicans and many are in conservative districts and they will be more concerned about primary challenges than they are going to be concerned about getting an immigration bill passed. >> jamie: as we get closer to the midterms it becomes a relevant point. great insight, thanks. >> eric: small army of repairman are on the streets of russia trying to fix windows that were shattered by the sonic boom by a meteor. it blasted through the earth's atmosphere streak go through the sky and causing a flash of light and powerful shock wave that smashed countless windows. more than 4,000 windows were dam
immigrants in this country, could we have the first mechanism to collect and how helpful would it be to the economy? >> these discussions that you are going to see in congress start debating details here. if you look from the perspective of republicans in the house, we talk about this bipartisan gang of eight in the senate and there has been progress made there, if you want to do something you have to get it by the house. it's tremendously difficult because there is serious electoral...
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Feb 24, 2013
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[ crows ] ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> i independent innocent people don't like to be stopped but innocent people the don't like to be shot and killed either. and stopped takes hundreds of guns off the streets each year. >> paul: that was mayor bloomberg defending his policy. homicide rate reached a record low in 2012. crime fighting tactic is under fire. naacp president accused ray kelly of fearmongering that stop and frisk has made new york city safer. a federal judge ruled last month that a key part of the city's program is unconstitutional. we're back with dan and jason riley and dorothy rebenowitz joins us. on the facts has this policy reduced crime? >> certainly. that is what the mayor believes. it's what the police commissioner believes. it's what the statistics show. a low number of hoydzs last year. in early '90s the number was around 2,000. it's saving the lives of people in most vulnerable communities. >> heather mcdonald has looked at this and if we had the same murder rate
[ crows ] ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> i independent innocent people don't like to be stopped but innocent people the don't like to be shot and killed either. and stopped takes hundreds of guns off the streets each year. >> paul: that was mayor bloomberg defending his policy. homicide rate reached a record low in 2012. crime fighting tactic is under fire. naacp president accused ray...
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Feb 19, 2013
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> reporter: mr. obama wants a combination of tax revenue and spending cuts, but republicans say any new tax revenue should be used to lower overall rates for everyone, shepherd. >> the simpson-bowles commission with a new plan. what's the reaction to that. >> reporter: the white house loves that the plan calls for new tax revenue, but officials not showing much enthusiasm for the much deeper cuts in health care spending that the president wants. former white house chief of staffer bowles and simpson, a republican from wisconsin, say -- wisconsin wisconsin were close to a deal. their legacy is on the line. >> i don't know when it will happen, but it will happen in these four years or he has no legacy at all. if he can't cut the mustard with solvency of social security under honest appraisals of the trustees and
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. the unemployment rate might tick up again. >> reporter: mr. obama wants a combination of tax revenue and spending cuts, but republicans say any new tax revenue should be used to lower overall rates for everyone, shepherd. >> the simpson-bowles commission with a new plan. what's the reaction to that. >> reporter: the...